	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,336	£15,566	£15,800	£16,195	£16,599	£79,495
Total Expenses	£11,897	£11,970	£12,035	£12,116	£12,199	£60,218
Profit Before Tax	£3,439	£3,596	£3,765	£4,078	£4,400	£19,277
Profit After Tax	£2,785	£2,912	£3,049	£3,303	£3,564	£15,614
Change In Property Value	£3	£5,199	£9,280	£12,349	£8,603	£35,435
Net Return	£2,788	£8,111	£12,330	£15,653	£12,168	£51,049
Return From Rental Income (%)	4%	4%	4%	4%	4%	20%
Total Net Return (%)	4%	10%	16%	20%	15%	72%